The Australian Share Market is having a solid start to the session shrugging off a mixed Wall Street lead and any cautiousness ahead of the release of official...

Quay Equities

The Australian Share Market is having a solid start to the session shrugging off a mixed Wall Street lead and any cautiousness ahead of the release of official employment data. We had expected a flat day with commodity markets again volatile overnight while in China they had the release of retail sales & industrial production data that missed the mark. Market Turnover into lunch was decent at $1.649 billion. The market doing well to outperform given another day of ex-dividends. This afternoon expect the market to drift sideways with the possibility of a little selling with the market running to hard in the morning session. The ABS employment data showed February employment adding 15,600 jobs slightly ahead of expectations of 15,000. The headline unemployment rate falling to 6.3% vs consensus of 6.4%. The RBA... For the complete wrap please visit (VIEW LINK)


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Quay Equities
Quay Equities

Quay Equities is a privately owned investment advisory firm independent of banks and brokers. This enables us to focus solely on our clients’ needs whilst providing conflict-free advice on Australian Shares. The team at Quay specialise in...

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